Idg Ventures Usa III, L.P.
Ridge Ventures · adviser of record: Audion Management Company, LLC · 2013 vintage
Idg Ventures Usa III, L.P. is a 2013 venture fund managed by Ridge Ventures, with $65.2mm raised (Form D, amount sold). It reported $104mm in gross assets at year-end 2025, 1.60x its size, against a peak of $180mm in 2021.
- Latest value held
- $104mm year-end 2025
- Peak
- $180mm year-end 2021
- Fund size
- $65.2mm Form D, amount sold
- Held vs. size
- 1.60x peak 2.77x
Value held by year-end
Gross asset value reported on Form ADV at each year-end. Dashed line: fund size. Open in the Fund Tracker
| Year-end | Gross assets | ÷ size | Change |
|---|---|---|---|
| 2025 | $104mm | 1.60x | +14% over 2 yrs |
| 2023 | $91.7mm | 1.41x | -29% |
| 2022 | $129mm | 1.98x | -28% |
| 2021 | $180mm | 2.77x | +11% |
| 2020 | $162mm | 2.49x | -9% |
| 2019 | $178mm | 2.73x | +8% |
| 2018 | $165mm | 2.53x | +16% |
| 2017 | $142mm | 2.17x | +22% |
| 2016 | $116mm | 1.78x | +0% |
| 2015 | $116mm | 1.78x | -1% |
| 2014 | $117mm | 1.80x | +80% |
| 2013 | $65.2mm | 1.00x | – |
Other funds from Ridge Ventures
- Ridge Ventures V Opportunity Fund, LP 2023
- Ridge Software Investments II, LLC 2023
- Ridge Ventures Ivy, LLC 2023
- Ridge Ventures V Affiliates-A, LP 2022
- Ridge Ventures V, LP 2021
- Ridge Ventures IV, LP 2017
- Ridge Ventures Continuation Fund, LP 2011
About these numbers
Gross asset value is what the manager reports holding in the fund at each fiscal year-end, on SEC Form ADV, Schedule D. It includes the GP’s own commitment and is before carried interest, so it is not the LPs’ net return, and it does not show cash already distributed. A fall in value can mean distributions, markdowns or both. Fund size is the amount sold reported on Form D, which for some funds reflects only a first close. Private fund ID 805-9607799990. Data updated October 13, 2026.
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